WFCA (WFCA)
Sector: Media
Share Price: 1.63p
Change Today: 0.000p
Market Cap: £4.36m

Your Share Value

Price Data

Currency UK Pounds
Price 1.63p  
Closing Price Change 0.00
Volume 0
03-Sep-10 Close 1.63p
Shares Issued 268.47m
Market Cap £4.36m
Year End 30-Jun-09

Dividends

  Latest Previous
  Final Interim
Ex-Div n/a 24-Jan-07
Paid n/a 16-Feb-07
Amount 0.000p 0.30p

Regulatory News

Issue of Equity

RNS Number : 6525J
WFCA PLC
01 April 2010
 

WFCA plc

 

("WFCA", "the Company" or "the Group")

 

 

Issue of Equity

 

 

WFCA, the leading regional advertising and marketing agency, announces that, pursuant to the deferred consideration due under the share sale and purchase agreement made between WFCA Integrated Limited vendors Michael Richards, Andrew Peake and Rodger Braidwood and the Company and as amended by the deed of variation made between all parties dated 19 May 2009 and as announced on the following day, the Company has today issued and allotted a total of 2,607,400 ordinary shares of 1p each ("Ordinary Shares") to certain directors, as follows:

 

Michael Richards (Chief Executive Officer) - 1,303,700 Ordinary Shares

 

Rodger Braidwood (Non Executive Director)- 1,303,700 Ordinary Shares

 

The resultant holdings of Mr Richard and Mr Braidwood are as follows:

 

Michael Richards - 109,810,391 Ordinary Shares, representing approximately 40.9 per cent of the issue share capital of the Company.

 

Rodger Braidwood - 14,326,070 Ordinary Shares, representing approximately 5.3 per cent. of the issued share capital of the Company.

 

Application has been made and the shares are expected to be admitted to trading on AIM on 9th April 2010.

 

The new Ordinary Shares will rank pari passu with the existing Ordinary Shares of 1p each and, following this allotment, the total issued share capital of the Company will increase to 268,466,008 Ordinary Shares of 1p each. All of these shares carry voting rights.

 

Further enquiries:

 

WFCA plc

Stephen Latter, Finance Director                             Tel: 01892 511 085

 

Daniel Stewart & Company plc

Simon Leathers/Oliver Rigby                                   Tel: 020 7776 6550

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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